
Carl Richards, a financial planner, uses simple sketches to map the distance between what people know they should do with money and what they actually do. His treatment of financial decisions as emotional events first and numerical events second is practically useful in a way that academic behavioral finance rarely is.
Chosen by shared topics, the entries that hold them, and the people who recommended both.
Edited volume.
Classifies investors into behavioural types for advice and design.
Applies behavioural finance to building portfolios for real clients.
Behavioural finance for practitioners: mental shortcuts, framing and market errors.
Data showing that low-expectation stocks beat popular ones over the long run.
“all these people really were helpful in forming and getting me involved in investing” — Joel Greenblatt
Source: Masters in Business transcript: Joel Greenblatt (2018)
Recommended by: Joel Greenblatt, Mohnish Pabrai and 1 other
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